Deals
TCI Votes in Favor of Disney's Offer for Fox Assets
- Vote ahead of Friday shareholder meeting sets up deal to pass
- Disney’s $71.3 billion bid had beat out rival Comcast’s offer
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21st Century Fox Inc.’s second-largest shareholder has voted in favor of Walt Disney Co.’s $71.3 billion bid for its entertainment assets ahead of a Friday shareholder meeting, people familiar with the matter said.
Support from activist Christopher Hohn’s TCI Fund Management means the deal will likely be approved by investors overall, the people said, asking not to be identified because the voting was private.